If I want to open a traditional IRA with Fidelity, how does it get access to my pre-tax salary via Deloitte? Apologize for the dumb question. Also, Roth + traditional IRA cannot exceed 6k combined correct?

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Correct total IRA limit is currently $6k, regardless of if it's tIRA or Roth IRA or a combo of both.

For a deductible traditional IRA, you claim it on your tax return.

If you're phased out of the being able to claim a deductions, you probably need to look into contributing to Roth or doing a backdoor conversion. Don't worry about this if you're within the limit for IRA deductions. And remember it is based on MAGI, not your straight up yearly income.

So C1 I can fund the account from my checking account and the tax document will take care of it. I will check with fidelity on that. I can take that deduction next year so I shouldn’t be phased out hopefully? I will check on MAGI no idea what that is.

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